ESSENTIA TRADING AT A GLANCE
• ETL is a wholly owned subsidiary of GST Enterprises (GSTE) who manages some of GSTT’s business interests. • Established in 2013, ETL was launched as the commercial arm of Essentia, the in-house directorate that provides GSTT with hard and soft facilities services. • Since its inception, ETL has progressed to providing broader management consultancy services and the vast majority of employees have been recruited from the commercial sector.
• ETL is not tied to the NHS remuneration structure.
• Turnover of £7.1m 2017/18 with an anticipated turnover for 2018/19 of £9m.
• 70% of ETL’s business is with NHS organisations although the Science and Higher Education sectors have seen significant growth.
• 13% of revenue is derived internationally
• Future growth areas include energy efficiency initiatives across both public and private sectors.
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